Total Balance 372 pips down

Firstly my dear readers, I apologise for keeping quiet during this down period.

To tell you the truth, once I saw the DD getting bigger I decided besides looking at my end of week email I will not be checking my account and let it play alone. When I saw last week the email with 710 pips down I didnt even know if the position had been closed. Was that suicide?

On Thursday I checked the account for the first time and saw that the position opend on 26.01.09 had been closed on 05.02.09 with 1195 pips in minus, that is a loss of $1'334.18. Since then FxMarkets has been at work and has returned 376 pips worht $414.09, which still leaves me with only $579.17 in equity.

With two weeks left of Febuary, I could break even by the end of the month...

Did FxMarkets learn from his mistake and is trying to remake his wealth? Should I trust him again, or find another provider. The truth is, I am extremely busy this week so I dont have now the time or mind to look for some one.

Your comments are welcome, thank you Jorge, Scott and Take for commenting during my "absence". Yes, I did fall prey to FxMarkets roller coaster. Jorge, I will look at your formulas when I have a claerer mind. Looks promising. Thank you.

Total Balance 710 pips down

FxMarkets has finaly closed the open positions with 1200 pip in minus....

Dear xxx,
Your Zulutrade™ account xxx is 710 pips down this week (1/30/2009 - 2/6/2009). Loss in USD: ($788.31) (includes open positions)

Keep in mind the loss (788.31) is from my total capital not from this trade alone!
What happened to FxMarkets? greedy? Or he believed he couldnt loose?

Total balance 399 pips down

Drawdown has started. Here the email from week 23.01.09 -31.01.09

Dear xx,
Your Zulutrade™ account xxx is 399 pips down this week
(1/23/2009 - 1/30/2009). Loss in USD: ($446.77) (includes open
positions)

Just after calculating I should be trading only FxMarkets. Its the begining of the end for FxMarkets.... we should have closed the position.